Texas Pacific Land (TPL) Payout Ratio (2020 - 2026)
Texas Pacific Land's (TPL) quarterly Payout Ratio came in at 0.27 in Q2 2026, down 15.1% year-over-year from 0.32 in Q2 2025, and up 18.02% quarter-over-quarter from 0.23 in Q1 2026.
Analysis
Texas Pacific Land (TPL) Payout Ratio (2020 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported Payout Ratio for 7 consecutive years, with 0.27 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payout Ratio fell 15.1% year-over-year to 0.27 in Q2 2026; TTM through Jun 2026 was 0.27, a 63.71% decrease from a year earlier, with the FY2025 full-year figure at 0.31, down 59.87% from the prior year.
- Payout Ratio was 0.27 for Q2 2026 at Texas Pacific Land, up from 0.23 in the prior quarter.
- Over five years, Payout Ratio peaked at 2.41 in Q3 2024 and troughed at 0.18 in Q3 2022.
- A 5-year average of 0.41 and a median of 0.24 in 2025 frame the typical range for Payout Ratio.
- Across the five-year window, Payout Ratio jumped 919.13% in 2024 and plunged 87.39% in 2025, its largest moves.
- Over 5 years, Payout Ratio stood at 0.23 in 2022, then decreased by 4.81% to 0.22 in 2023, then surged by 40.55% to 0.31 in 2024, then declined by 4.02% to 0.3 in 2025, then retreated by 9.8% to 0.27 in 2026.
- The last three Payout Ratio figures came in at 0.27 (Q2 2026), 0.23 (Q1 2026), and 0.3 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.27 |
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 2.41 |
| Jun 30, 2024 | 0.18 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.18 |
| Jun 30, 2022 | 1.17 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.25 |